Johnson Machine Works, Inc.

$962,102 PPP Loan in Chariton, Iowa

Loan Details

Loan Number
8591147009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$962,102
Current Approval
$962,102
Forgiveness Amount
$971,857
Forgiveness Date
Apr 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Johnson Machine Works, Inc.
Address
318 N 11th St
State
Iowa
ZIP Code
50049-1704
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (331210)
Business Age
Existing or more than 2 years old
Jobs Reported
85
Estimated Revenue
$22.3M
Rural/Urban
Rural
Congressional District
IA-03

Loan Use Breakdown

Payroll
$962,102

Lender Information

Servicing Lender
Midwest Heritage Bank, F.s.b.
Originating Lender
Midwest Heritage Bank, F.s.b.

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